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Missouri Gambling News Brief

Missouri decision looms on $500 loss limit

Kansas City Star,  Tuesday, January 1, 2008 at 8:20:24 AM

One way or another, the long-running debate over Missouri’s $500 casino loss limit is likely to end in 2008.

Industry interests last week filed paperwork with the Missouri secretary of state seeking a statewide referendum in November to repeal the limit that critics say steers high rollers away from the Show-Me State’s riverboats while invading the privacy of every gambler.

The rules, which require players to be identified and their wagers tracked, were put in place in the early 1990s as a way to protect compulsive gamblers from themselves.

Results have been mixed at best. The Missouri Gaming Commission estimates that only about 2 percent of gamblers reach the easily cheated limit that restricts gamblers to a $500 buy-in every two hours.

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